The cryptocurrency market continues to surprise, as significant changes in the prices of Toncoin and Solana are observed this week alongside increasing interest in BlockDAG.
Current Status of Toncoin
This week, Toncoin (TON) attempted to break through the resistance at $3.60 but was unsuccessful. As a result, the price has slipped back to $3.34. Despite this, on the 4-hour chart, TON remains in a bullish trend, staying above the 21-day moving average. However, a drop below this line could lead to a fall in price to $2.60.
Solana's Issues After the Breakout
The rise of Solana (SOL) above $190 sparked initial excitement, but soon signs of a potential 'fake' breakout emerged. Analysis indicates that the support level at $170 has failed to hold, and traders are now monitoring key levels that may signal a shift in direction. SOL could either drop to $162.30 or attempt to rise again, creating a lower high.
BlockDAG Opportunities and Future Outlook
BlockDAG recently showcased its X1 mobile miner, which alongside the new X10 device offers users the chance to earn up to 200 BDAG a day through a simple Bluetooth connection. With the current price of BDAG at $0.0016 and the expected listing price at $0.05 during the full launch on August 11, this offering draws attention. Considering the successful presale results and significant interest, BlockDAG appears to be a notable player in the market.
While Toncoin and Solana struggle to maintain their upward momentum, BlockDAG shows high potential, making it a noteworthy subject for future observation.
